Officers of a company have more formal responsibility and authority than rank-and-file employees and are responsible for the management and day-to-day operations of the company.
A Chief Financial Officer (CFO) is the senior officer responsible for overseeing the financial activities of the entire company.
As a result of changes in US law, most newly formed companies, as well as many existing companies, will need to comply with the beneficial ownership information (BOI) reporting rule
In conjunction with our Q2 2023 Venture Financing Report, I sat down with Steve Harrick of Institutional Venture Partners (IVP) to get his take on the state of venture capital investing.
A question I receive frequently from entrepreneurs raising capital for the first time is whether they can raise money from people who do not meet the SEC definition of “accredited…
A Delaware public benefit corporation (PBC) is a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. A PBC must be managed in a way that balances the interests of the stockholders, the company’s key stakeholders, and a specific public benefit that the company commits to in its charter.
1. Experienced advisors Choose experienced advisors, including lawyers, auditors and financial consultants (if necessary), and get them involved early. Advisors who work routinely with the SEC and investment bankers –…
The new General Data Protection Regulation (GDPR) came into force on May 25, 2018. The changes are far-reaching and require numerous changes to the way businesses handle personal information.
The Secretary of State for a US state is generally that state’s chief elections officer, chief corporations officer, and supervisor of state archives.
The organizational meeting is an initial meeting in which the basic organizational formalities of the corporation are determined.
The Certificate of Incorporation is a legal document that establishes a corporation as a legal entity and contains basic rules for governance of the corporation.
Formal rules adopted by a corporation that establish how it will be governed.
The Board of Directors of a company are the people elected by the stockholders to be responsible for the management of the company.
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